James Bradshaw reports:
A 2017 data breach that exposed personal information belonging to more than 113,000 Bank of Montreal customers exploited “significant weaknesses” in the bank’s safeguards that have since been strengthened, according to a report from the Privacy Commissioner of Canada.
BMO previously disclosed the breach in May, 2018, after receiving a ransom demand from hackers, who threatened to release private customer information if their demands weren’t met. The bank refused to pay. At the time, BMO said the attack likely compromised information belonging to fewer than 50,000 clients. In fact, the report says, two separate attacks managed to steal personal information belonging to 113,154 customers over a six-month span in 2017.
Read more at The Globe and Mail.